Startup layoffs, the art of reinvention and a MasterClass in change

Just as one company’s success shouldn’t cast a halo on its vertical’s brethren, one company’s layoffs don’t quite mean that its competitors are equally screwed. Instead, I think that changes within a particular startup can be used as benchmark questions for...

Spotify is developing ‘Community,’ a new place to see your friends’ activity in the mobile app

Spotify is developing a new feature called Community that would allow mobile users to see what sort of music their friends are streaming in real-time as well as what playlists they’ve recently updated in a dedicated place in the app. The company today offers a...

Strapi lands $31M for its ‘headless’ CMS platform

Strapi, an open source content management system (CMS), today announced that it raised $31 million in Series B funding led by CRV with participation from Flex Capital, Index Ventures, and angel investors including former GitHub CEO Nat Friedman. With the capital, CEO...

Sinclair to launch $20/month direct-to-consumer streaming service Bally Sports+ on June 23

Sinclair Broadcast Group’s long-anticipated direct-to-consumer regional sports streaming app will have a soft launch this Thursday, June 23, 2022. While this isn’t a full rollout, Bally Sports+ will initially be available in five markets to stream Kansas City...

Meta settles lawsuit with Justice Department over ad-serving algorithms

The U.S. Department of Justice today announced that it entered into an agreement with Meta, Facebook’s parent company, to resolve a lawsuit that alleged Meta engaged in discriminatory advertising in violation of the Fair Housing Act (FHA). The proposed...

Roku and Walmart partner up to bring shoppable ads to streaming

Roku and Walmart announced a new partnership that aims to crack the code on making purchases via TV streaming and shopping with remotes. On Thursday, the two companies introduced their plan to allow viewers to purchase items with their remotes while streaming on Roku...